The Government cannot pay its employees if oil fell to $ 20 8/23
The Government cannot pay its employees if oil fell to $ 20 By: wab1
Date: Monday, 24-08-15 01:38 am
Baghdad: Baghdad news
Member of the Parliamentary Committee on oil and energy Jamal Al Muhammadawi also, the Government will not
You can pay the salaries of employees in the event of a fall in oil prices to $ 20.
Al Muhammadawi also said in an interview for alsumaria space ", that" Iraq financial budget for the current year based on 56 dollars per barrel of oil, but Iraq sells oil in the current period to about $ 34.
Al Muhammadawi also said, "the sustained decline in oil prices and has up to 20 dollars per barrel," Noting that "in this case the Iraqi Government suffer real financial crisis and cannot even pay salaries."
Brent crude had closed Monday down $ 1.16, or 2.5 percent, to $ 45.46 a barrel, while us crude fell during the transactions to $ 45.07 approaching landing about 45 dollars for the first time since March 2009.